It wasn’t what the Obama Administration wanted to hear. The new employment figures out this morning show that the U.S. economy created a mere 96,000 jobs in August, far fewer than the 130,000 that most economists were …
Jobs
Payroll Day Blues: Economy Adds Just 96,000 Jobs in August
The Democratic party spent all week (and millions of dollars) trying to convince voters to return President Obama to office in November. But perhaps the most important set piece — the August employment situation report — was …
Is the U.S. Headed for a Double-Dip Recession?
The economy may well be able to continue growing and avoid another slump, but the recovery is unlikely to gain much momentum in 2013.
The State Willing to Pay Big Bucks to Attract New Workers
Around the nation, states struggling with stubbornly high unemployment rates face the problem of having too few jobs for all the able-bodied workers. But a few states in the Midwest face a different problem, one that places stuck …
9 Reasons Why This Economy Feels So Bad
The recent slump has been unusually painful, and the feeble recovery has been disappointing. But today’s economy seems even worse than it actually is
Unemployment Rate Ticks Up to 8.3% — But There’s Good News, Too
The unemployment rate rose to 8.3% in July, but it’s probably the most hopeful jobs report in months.
Every American Is Experiencing a Different Economy
You don’t have a real economic recovery until the majority of Americans are participating — and right now they aren’t
U.S. Economy Adds Just 80,000 Jobs in June
The Labor Department released its monthly Employment Situation Report this morning, announcing that the economy added 80,000 new jobs in June – slightly less than what economists were predicting, and far too small a number to …
Is Stockton the Start of a Rash of Municipal Bankruptcies?
State and local borrowing amounts to only a fraction of the national debt, but while the scale may be smaller, the financial crises are much, much closer.
First There Was Silicon Valley. Then Silicon Alley. Now…the Case for Building Silicon Prairie
Omaha, Des Moines and Kansas City are among areas in the midwest that are creating a new entrepreneurial ecosystem in America’s breadbasket.
Money Talking: What Matters More to Voters, Gas Prices or Jobs?
A lot of people say gas prices will affect the election. But, in fact, the unemployment rate is a lot more important as a political predictor. New York Times columnist Joe Nocera and I examine the connection between economics and elections — as well as how lousy we all are at predicting risk, and the top financial news of the week — on …
Dads ‘Worth’ Less Than They Were 10 Years Ago, Study Claims
Some people might say that a dad is priceless. As far as one new study is concerned, those people would be wrong! I’m kidding, of course. But a report released this week claims there’s a very specific price tag on dad’s …